Sample Issue

Rising star describes where he spends most his research time, how he assesses if an activist "path" is open, how he hedges risk, and why he sees untapped value in Office Depot, Progress Software, Regis and Wausau Paper.

INVESTOR INSIGHT

Don Noone and James Vanasek

Micro-cap value hunters explain how they unearth ideas, the virtue they see in inactivity, an important lesson learned about management, and why they see upside in AirBoss, Ceres Global, Breeze-Eastern and Big Rock Brewery.

Strategy: Bestinver

How one of Europe's foremost value investors is navigating today's precarious environment.

UNCOVERING VALUE: Bulldog

What happens when a venerable activist investor takes over the reins of one of its targets.

EDITORS' LETTER

On investors' preference for bonds over equities; A timely parable from Warren Buffett.